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-   -   IAG Capital Markets Day 2018 (https://www.flyertalk.com/forum/british-airways-executive-club/1938565-iag-capital-markets-day-2018-a.html)

pauldb Nov 2, 2018 2:58 am

IAG Capital Markets Day 2018
 
I think someone recently asked if there would be a CMD this year - well it's today, now.

A promising highlight: o Average net capex of €2.6bn per annum (compared to an average of €2.1bn per annum for 2018-2022 previously).

IAG Printer Friendly Version - News Release

pauldb Nov 2, 2018 3:01 am

Webcast (and presentation linked within): IAG - International Airlines Group - Event Details

TWCLAM Nov 2, 2018 3:11 am

Listening now and TY

TWCLAM Nov 2, 2018 3:15 am

https://cimg8.ibsrv.net/gimg/www.fly...d99be4dc08.jpg

The one we care about and the one that will be interesting "ummmm yeah, so IT security apparently IS a thing, who knew eh"

pauldb Nov 2, 2018 3:22 am


TWCLAM Nov 2, 2018 3:32 am

Is this in the slides? was fighting the urge to rush down through the PDF lol.

GodAtum Nov 2, 2018 3:38 am

I wonder what First improvements entail?

pauldb Nov 2, 2018 3:43 am


Originally Posted by TWCLAM (Post 30384070)
Is this in the slides? was fighting the urge to rush down through the PDF lol.

Yes - I don’t have time to listen to the whole thing. And to your other point I don’t think there is much on IT Security in the digital section.

Don’t think there are many revealations announced today - quite a lot of stepping back to explain IAG’s raison d’etre, which makes sense when they are upping capex - increasing investment through the platform.

Some interesting detail on LEVEL’s market positioning, which is perhaps why it isn’t a direct clash with Vueling shorthaul. Modern value-led, not cheap. Zara not Primark, though not a perfect analogy.

mikeyfly Nov 2, 2018 3:44 am


Originally Posted by GodAtum (Post 30384078)
I wonder what First improvements entail?

Food and amenities according to the slide !

cosmo74 Nov 2, 2018 3:46 am


Originally Posted by GodAtum (Post 30384078)
I wonder what First improvements entail?

I wonder how long they'll take to roll out? Looks like it will just be soft enhancements rather than a change to the seat.

TWCLAM Nov 2, 2018 3:49 am

Wouldn't it be nice if the 2 777's scheduled for the new CW seat were LGW based so pax there could experience the product #thingsthatwonthappen

LHRagain Nov 2, 2018 3:51 am

I cannot believe that they are showing a chart to investors that in all consumer need segments IAG airlines underperform vs the leading competitor.

cosmo74 Nov 2, 2018 3:56 am

Interesting point on Slide 115 about "Increased flexibility for top tier customers"

https://cimg9.ibsrv.net/gimg/www.fly...997e8c02bb.jpg

Tiger_lily Nov 2, 2018 3:57 am


Originally Posted by LHRagain (Post 30384097)
I cannot believe that they are showing a chart to investors that in all consumer need segments IAG airlines underperform vs the leading competitor.

Nothing like emphasising the fact that you’ve underinvested for x years and now need a step change and a truck load of money to keep up.

Raffles Nov 2, 2018 4:03 am

Increased flexibility simply means not saying No. ANY Ritz-Carlton employee, for eg, can spend $2000 on helping a guest with no authorisation and a guarantee of no push back later.

Meanwhile, see what happens on BA if you are in CE and want to buy something from the M&S menu in your seat pocket ....

Similarly I had a big fight with BA recently to get the cancellation fee waived on a flight which BA was no longer operating itself. We could all go on ...


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